diff --git a/plugins/importer-openapi/src/index.ts b/plugins/importer-openapi/src/index.ts
index c6ad51c0..fb676bb1 100644
--- a/plugins/importer-openapi/src/index.ts
+++ b/plugins/importer-openapi/src/index.ts
@@ -20,6 +20,7 @@ type ImportResources = {
   folders: AtLeast<Folder, "name" | "id" | "model" | "workspaceId">[];
   httpRequests: AtLeast<HttpRequest, "name" | "id" | "model" | "workspaceId">[];
 };
+type ServerOverrideVariable = { name: string; value: string };
 
 const HTTP_METHODS = ["delete", "get", "head", "options", "patch", "post", "put", "query", "trace"];
 const BODY_CONTENT_TYPE_PREFERENCE = [
@@ -62,6 +63,7 @@ export async function convertOpenApi(contents: string): Promise<ImportPluginResp
     folders: [],
     httpRequests: [],
   };
+  const serverOverrides = new Map<string, ServerOverrideVariable>();
   const baseUrl = importBaseUrl(spec);
   // A local spec has no document URL against which OpenAPI's implicit "/"
   // server can resolve. Keep the shared variable even when its initial value
@@ -120,6 +122,7 @@ export async function convertOpenApi(contents: string): Promise<ImportPluginResp
         pathItem,
         pathParameters,
         requestBaseUrl,
+        serverOverrides,
         spec,
         workspaceId: workspace.id,
         folderId,
@@ -129,6 +132,36 @@ export async function convertOpenApi(contents: string): Promise<ImportPluginResp
     }
   }
 
+  if (serverOverrides.size > 0) {
+    let environment = resources.environments[0];
+    if (environment == null) {
+      environment = {
+        model: "environment",
+        id: importState.generateId("environment"),
+        workspaceId: workspace.id,
+        name: "Global Variables",
+        variables: [],
+        parentModel: "workspace",
+        parentId: null,
+        sortPriority: importState.nextSortPriority(),
+      };
+      resources.environments.push(environment);
+    }
+    environment.variables.push(...serverOverrides.values());
+  }
+  resources.environments.push(
+    ...importServerEnvironments(spec).map(({ name, url }) => ({
+      model: "environment" as const,
+      id: importState.generateId("environment"),
+      workspaceId: workspace.id,
+      name,
+      variables: [{ name: "baseUrl", value: url }],
+      parentModel: "environment",
+      parentId: null,
+      sortPriority: importState.nextSortPriority(),
+    })),
+  );
+
   if (resources.httpRequests.length === 0) return undefined;
 
   disambiguateNames(resources.httpRequests, routeLabels);
@@ -197,6 +230,7 @@ function importOperation({
   pathItem,
   pathParameters,
   requestBaseUrl,
+  serverOverrides,
   spec,
   workspaceId,
   folderId,
@@ -208,6 +242,7 @@ function importOperation({
   pathItem: UnknownRecord;
   pathParameters: unknown[];
   requestBaseUrl: string;
+  serverOverrides: Map<string, ServerOverrideVariable>;
   spec: UnknownRecord;
   workspaceId: string;
   folderId: string | null;
@@ -243,7 +278,10 @@ function importOperation({
     name: importOperationName(operation, method, path),
     description,
     method: method.toUpperCase(),
-    url: buildOperationUrl(operationBaseUrl({ operation, pathItem, requestBaseUrl }), path),
+    url: buildOperationUrl(
+      operationBaseUrl({ operation, pathItem, requestBaseUrl, serverOverrides }),
+      path,
+    ),
     urlParameters,
     headers,
     body: body.body,
@@ -298,18 +336,26 @@ function operationBaseUrl({
   operation,
   pathItem,
   requestBaseUrl,
+  serverOverrides,
 }: {
   operation: UnknownRecord;
   pathItem: UnknownRecord;
   requestBaseUrl: string;
+  serverOverrides: Map<string, ServerOverrideVariable>;
 }): string {
   for (const servers of [operation.servers, pathItem.servers]) {
     const override = toArray(servers)
       .map((s) => interpolateServerUrl(toRecord(s)))
       .find((url) => url.length > 0);
-    // Overrides are inlined rather than shared, since only the spec-level base
-    // URL becomes the baseUrl variable
-    if (override != null) return override;
+    if (override != null) {
+      let variable = serverOverrides.get(override);
+      if (variable == null) {
+        const suffix = serverOverrides.size === 0 ? "" : String(serverOverrides.size + 1);
+        variable = { name: `serverUrl${suffix}`, value: override };
+        serverOverrides.set(override, variable);
+      }
+      return `\${[${variable.name}]}`;
+    }
   }
   return requestBaseUrl;
 }
@@ -562,6 +608,24 @@ function importBaseUrl(spec: UnknownRecord): string {
   return joinUrlParts(`${scheme}://${host}`, stringAt(spec, "basePath") ?? "");
 }
 
+function importServerEnvironments(spec: UnknownRecord): { name: string; url: string }[] {
+  const servers = toArray(spec.servers)
+    .map(toRecord)
+    .map((server, index) => ({
+      name: stringAt(server, "description")?.trim() || `Server ${index + 1}`,
+      url: interpolateServerUrl(server),
+    }))
+    .filter(({ url }) => url.length > 0);
+  if (servers.length < 2) return [];
+
+  const nameCounts = new Map<string, number>();
+  return servers.map((server) => {
+    const count = (nameCounts.get(server.name) ?? 0) + 1;
+    nameCounts.set(server.name, count);
+    return { ...server, name: count === 1 ? server.name : `${server.name} ${count}` };
+  });
+}
+
 function interpolateServerUrl(server: UnknownRecord): string {
   let url = stringAt(server, "url") ?? "";
   for (const [name, variable] of Object.entries(toRecord(server.variables))) {
diff --git a/plugins/importer-openapi/tests/__snapshots__/index.test.ts.snap b/plugins/importer-openapi/tests/__snapshots__/index.test.ts.snap
index 10458055..fadc316a 100644
--- a/plugins/importer-openapi/tests/__snapshots__/index.test.ts.snap
+++ b/plugins/importer-openapi/tests/__snapshots__/index.test.ts.snap
@@ -2620,6 +2620,36 @@ exports[`importer-openapi > Snapshots real-world fixture nasa-apod.yaml 1`] = `
         ],
         "workspaceId": "GENERATE_ID::WORKSPACE_0",
       },
+      {
+        "id": "GENERATE_ID::ENVIRONMENT_1",
+        "model": "environment",
+        "name": "Server 1",
+        "parentId": null,
+        "parentModel": "environment",
+        "sortPriority": 3,
+        "variables": [
+          {
+            "name": "baseUrl",
+            "value": "https://api.nasa.gov/planetary",
+          },
+        ],
+        "workspaceId": "GENERATE_ID::WORKSPACE_0",
+      },
+      {
+        "id": "GENERATE_ID::ENVIRONMENT_2",
+        "model": "environment",
+        "name": "Server 2",
+        "parentId": null,
+        "parentModel": "environment",
+        "sortPriority": 4,
+        "variables": [
+          {
+            "name": "baseUrl",
+            "value": "http://api.nasa.gov/planetary",
+          },
+        ],
+        "workspaceId": "GENERATE_ID::WORKSPACE_0",
+      },
     ],
     "folders": [
       {
diff --git a/plugins/importer-openapi/tests/index.test.ts b/plugins/importer-openapi/tests/index.test.ts
index da2c688c..2626c7ba 100644
--- a/plugins/importer-openapi/tests/index.test.ts
+++ b/plugins/importer-openapi/tests/index.test.ts
@@ -301,8 +301,70 @@ describe("importer-openapi", () => {
 
     expect(imported?.resources.httpRequests.map((r) => r.url)).toEqual([
       "${[baseUrl]}/root",
-      "https://path.example.com/path-level",
-      "https://operation.example.com/operation-level",
+      "${[serverUrl]}/path-level",
+      "${[serverUrl2]}/operation-level",
+    ]);
+    expect(imported?.resources.environments[0]?.variables).toEqual([
+      { name: "baseUrl", value: "https://root.example.com" },
+      { name: "serverUrl", value: "https://path.example.com" },
+      { name: "serverUrl2", value: "https://operation.example.com" },
+    ]);
+  });
+
+  test("Creates selectable environments for multiple OpenAPI servers", async () => {
+    const imported = await convertOpenApi(
+      JSON.stringify({
+        openapi: "3.0.4",
+        info: { title: "Server Environments Test", version: "1.0.0" },
+        servers: [
+          { url: "https://api.example.com/v1", description: "Production" },
+          { url: "https://sandbox.example.com/v1", description: "Sandbox" },
+        ],
+        paths: { "/items": { get: { responses: {} } } },
+      }),
+    );
+
+    expect(imported?.resources.environments).toEqual([
+      expect.objectContaining({
+        name: "Global Variables",
+        variables: [{ name: "baseUrl", value: "https://api.example.com/v1" }],
+      }),
+      expect.objectContaining({
+        name: "Production",
+        parentModel: "environment",
+        variables: [{ name: "baseUrl", value: "https://api.example.com/v1" }],
+      }),
+      expect.objectContaining({
+        name: "Sandbox",
+        parentModel: "environment",
+        variables: [{ name: "baseUrl", value: "https://sandbox.example.com/v1" }],
+      }),
+    ]);
+  });
+
+  test("Creates variables for path servers without a top-level server", async () => {
+    const imported = await convertOpenApi(
+      JSON.stringify({
+        openapi: "3.0.4",
+        info: { title: "Path Server Test", version: "1.0.0" },
+        paths: {
+          "/items": {
+            servers: [{ url: "https://path.example.com" }],
+            get: { responses: {} },
+          },
+        },
+      }),
+    );
+
+    expect(imported?.resources.httpRequests[0]?.url).toBe("${[serverUrl]}/items");
+    expect(imported?.resources.environments).toEqual([
+      expect.objectContaining({
+        name: "Global Variables",
+        variables: [
+          { name: "baseUrl", value: "" },
+          { name: "serverUrl", value: "https://path.example.com" },
+        ],
+      }),
     ]);
   });